Describe the journal entry to record the employer portion

Reference no: EM133363210

Question: A company paid $125,000 for salaries for the month of June, of which $13,000 was for three employees who were on vacation. This company accrues vacation pay liability based on 6% of salaries earned. The journal entry to record the employer portion of the payroll would include a credit to

Reference no: EM133363210

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